Meren Energy Inc. (MER.TO) Research

Formerly known as Africa Oil Corp., Meren Energy Inc. is a Canadian company specializing in the exploration and production of oil and gas. The firm conducts its operations across Nigeria, Namibia, South Africa, and Equatorial Guinea, possessing interests in both active production and development assets in deep-water Nigeria, alongside a diverse portfolio of development and exploration projects throughout West and South Africa.

Market snapshot

Symbol
MER.TO
Price
$1.97
Day change
+1.03%
Market cap
$940.5M
P/E ratio
-7.50x
52-week range
1.61-2.58
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 2 months

Recent news

  • Nasdaq back in positive territory but Dow still red as Trump arrives in China

    10:45am: PPI surges above forecast US producer prices came in hotter than expected, signaling renewed inflationary pressure at the wholesale level. The...

  • Meren Energy posts strong Q1 cash flow, sees upside in West African oil demand

    Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) reported strong first-quarter operating cash flow and reaffirmed its 2026 production guidance, positioning...

  • Meren Energy announces refinancing of reserve-based lending facility

    Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) has announced that its subsidiary, Meren Coöperatief U.A., has signed a refinancing agreement for its...

Peer companies

  • Cardinal Energy Ltd. (CJ.TO)
  • Kiwetinohk Energy Corp. (KEC.TO)
  • Kelt Exploration Ltd. (KEL.TO)
  • Obsidian Energy Ltd. (OBE.TO)
  • Precision Drilling Corporation (PD.TO)
  • Spartan Delta Corp. (SDE.TO)
  • Trican Well Service Ltd. (TCW.TO)
  • Tenaz Energy Corp. (TNZ.TO)

Open Meren Energy Inc. (MER.TO) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.